We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.
We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.
from Part III - Economic Modelling
Published online by Cambridge University Press: 29 February 2020
Having laid the foundation of economic policy analysis in Chapters 9 and 10, Chapter 11 presents literature examples of incentive design. The art of incentive design is to offer agents (land users) financial incentives so that it is in their own interest to carry out conservation measures with an effort, at those sites and at those times, so that biodiversity is conserved cost-effectively. This chapter starts with the problems of asymmetric information and moral hazard. The following sections discuss the difference between budget-effectiveness and cost-effectiveness, introducing conservation auctions as alternatives to conservation payments, addressing the problem of incentivising the creation of habitat heterogeneity in a landscape, and lastly outlining the functioning of the agglomeration bonus that incentivises the provision of spatially agglomerated habitat for species.
To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Find out more about the Kindle Personal Document Service.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.
